Monsters of Rock: More analysts join the gold bull team
( Lets hope these predictions are in the right ball park - higher POG will underwrite VAU's recovery, consolidation and profit expansion )
RBC tips 2025 gold prices of US$2835/oz as latest bank to up forecasts
That's up 31% on its April tip
Far East Capital's Warwick Grigor warns gold investors need to look beyond prices alone and pay attention to producers' hedge and grade profiles
RBC has emerged as the latest bank to stick a bullish forecast on gold, lifting its base case for 2024 and 2025 averages to US$2390/oz and US$2835/oz respectively.
Bell Potter's David Coates last week told * he did not issue it as an official target, but though gold could hit US$3000/oz in the next six to nine months
Ann: FY24 Financial Results and FY25 Outlook, page-118
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Last
31.5¢ |
Change
-0.015(4.55%) |
Mkt cap ! $2.142B | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 33.0¢ | 31.0¢ | $4.258M | 13.34M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 691368 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 487378 | 6 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| VAU (ASX) Chart |